Morningstar Investment Services LLC Acquires 3,531,000 Shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Morningstar Investment Services LLC lifted its holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBSFree Report) by 200.4% in the fourth quarter, Holdings Channel reports. The fund owned 5,292,600 shares of the exchange traded fund’s stock after purchasing an additional 3,531,000 shares during the quarter. Vanguard Mortgage-Backed Securities ETF makes up 1.4% of Morningstar Investment Services LLC’s holdings, making the stock its 18th biggest holding. Morningstar Investment Services LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $245,629,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in VMBS. Sugarloaf Wealth Management LLC bought a new stake in Vanguard Mortgage-Backed Securities ETF in the fourth quarter worth about $27,000. Bradley & Co. Private Wealth Management LLC bought a new stake in Vanguard Mortgage-Backed Securities ETF in the fourth quarter worth about $29,000. Addison Advisors LLC lifted its stake in Vanguard Mortgage-Backed Securities ETF by 44.6% in the fourth quarter. Addison Advisors LLC now owns 849 shares of the exchange traded fund’s stock worth $39,000 after purchasing an additional 262 shares during the last quarter. SouthState Corp bought a new stake in Vanguard Mortgage-Backed Securities ETF in the fourth quarter worth about $57,000. Finally, Citigroup Inc. lifted its stake in Vanguard Mortgage-Backed Securities ETF by 194.0% in the third quarter. Citigroup Inc. now owns 1,379 shares of the exchange traded fund’s stock worth $60,000 after purchasing an additional 910 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Down 0.8 %

NASDAQ VMBS traded down $0.38 during trading on Friday, hitting $45.05. The stock had a trading volume of 691,523 shares, compared to its average volume of 1,551,205. Vanguard Mortgage-Backed Securities ETF has a one year low of $42.06 and a one year high of $46.59. The stock has a 50 day simple moving average of $44.83 and a 200 day simple moving average of $45.30.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, June 5th. Stockholders of record on Monday, June 3rd were paid a dividend of $0.15 per share. This represents a $1.80 annualized dividend and a dividend yield of 4.00%. The ex-dividend date was Monday, June 3rd. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15.

Vanguard Mortgage-Backed Securities ETF Company Profile

(Free Report)

Vanguard Mortgage Backed Securities ETF (the Fund) seeks to track the performance of a market-weighted, mortgage-backed securities index. The Fund employs a passive management or indexing investment approach designed to track the performance of the Barclays Capital U.S. MBS Float Adjusted Index (the Index).

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Want to see what other hedge funds are holding VMBS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBSFree Report).

Institutional Ownership by Quarter for Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

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